Gitnux/Report 2026

Fabricated Metal Products Industry Statistics

The North American fabricated metal products market is forecast to rise from $68.22 billion in 2025 to $90.60 billion in 2031, explore growth, company segments and execution trends.
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November 11, 2026Updated
Fabricated Metal Products Industry Statistics
Samuel NorbergWritten by Samuel Norberg·Fact-checked by Maya Johansson
Published ·Updated
How this report is researched
01Editorial Scope

Before any source is gathered, an editor locks the question, what qualifies, and how the piece will be judged.

02Source Research

Search agents collect the source set and pull each data point out with its provenance attached.

Read our full methodology →

Search agents attach provenance to every extracted figure.

Next review: within 31 days

01 Industry overview

The fabricated metal products industry at a glance

U.S. fabricated metal product manufacturing generated $463.4 billion in 2024 and employed approximately 1.46 million people in August 2026, with demand supported by construction, machinery, transportation and infrastructure.

$463.4B[18]
U.S. sales, 2024
1.46M[19]
U.S. employment, Aug. 2026
4.89%[22]
North America CAGR, 2026–2031
36.6%[18]
Midwest sales share, 2024
Market size
U.S. fabricated metal product manufacturing recorded $463.4 billion in sales, value of shipments or revenue in 2024. The Census Bureau’s regional data show total sales of $169.6 billion in the Midwest and $151.7 billion in the South.[18]
Forecast & CAGR
The North American fabricated metal products market is forecast to increase from $68.22 billion in 2025 to $90.60 billion in 2031, representing a 4.89% CAGR from 2026 to 2031. Machining represented 41.09% of the market in 2025, while construction and infrastructure accounted for 28.29%.[22]
Market share & regions
In the United States, the Midwest accounted for approximately 36.6% of 2024 industry sales and the South for approximately 32.7%, calculated from Census regional sales of $169.6 billion and $151.7 billion, respectively, against the national total of $463.4 billion.[18]
Segmentation
NAICS 332 comprises nine industry groups, including forging and stamping; architectural and structural metals; boilers, tanks and shipping containers; hardware; springs and wire products; machine shops and fasteners; coating and finishing; and other fabricated metal products. In August 2026, architectural and structural metals employed 427.8 thousand people and machine shops, turned products, screws, nuts and bolts employed 326.5 thousand.[21][19]
Key players & concentration
The North American market is assessed as medium in concentration by Mordor Intelligence. The sector remains fragmented across contract manufacturers, machine shops, structural-metal companies and specialized component producers rather than being dominated by a small number of firms.[22]
Pricing
Average hourly earnings for all U.S. fabricated metal product manufacturing employees were $33.70 in August 2026, while production and nonsupervisory employees averaged $28.58 per hour. Input-cost pressure remains significant because fabricated products depend heavily on steel, aluminum and other metal prices.[19][22]
Trends, drivers & challenges
Growth is being supported by reshoring, infrastructure and data-center construction, electric-vehicle lightweighting, and automation using collaborative robots and machine vision. Persistent welder shortages, high capital requirements for smaller shops, supply-chain volatility and sustainability requirements are key constraints.[22][19]
Consumer behavior & competition
The industry primarily serves business customers rather than households, with demand tied to construction, machinery, transportation, energy, aerospace and industrial equipment. U.S. identified imports under NAICS 332 reached $37.1 billion in 2024 across 5,080 identified importers, indicating substantial international and domestic competition.[21][22]
M&A
M&A activity continued in 2026: Worthington Enterprises completed its acquisition of LSI Group on January 16, 2026, adding Logan Stampings, LSI Metal Fabrication and Roof Hugger; the transaction had been announced at an approximately $205 million purchase price. The Partner Companies acquired Phoenix-based F&B MFG on October 26, 2026, expanding hydroforming and precision metal-forming capabilities for aerospace and defense.[75]
Latest news
The latest identified transaction news is The Partner Companies’ October 26, 2026 acquisition of F&B MFG, a Phoenix specialty metal manufacturer with an approximately 100,000-square-foot facility. The deal adds hydroforming, heat treating, brazing, welding, machining and assembly capabilities for aerospace and defense customers.[75]

02 Ranking

Top 10 Companies in the Fabricated Metal Products Industry

The leading companies in the fabricated metal products industry, ranked on market impact, performance, momentum, innovation and brand popularity.

Updated November 10, 2026 · Next review December 10, 2026

Verdict

Ball Corporation stands out for aluminum beverage and consumer packaging because it reported revenue growth of 11.6%, while Silgan Holdings focuses on metal containers and closures since it reported revenue growth of 10.2%.

Ranked by Overall score · How we score ↓

Editor's top 3 picks

Where to start, by need.

  1. #1 Overall · Leader in metal packaging

    Ball Corporation

    US

    Ranked #1 · 9.6 · Metal packaging

    Why we picked it: Its aluminum beverage and consumer packaging segment provides large-scale output tied to food and consumer demand.

    See in ranking ↓Visit ball.com ↗

  2. Leader in valves and industrial components

    Crane

    US

    Ranked #3 · 9.1 · Valves and industrial components

    Why we picked it: Its valves and engineered components positioning ties to industrial metal systems and higher-margin execution.

    See in ranking ↓Visit craneco.com ↗

  3. Leader in cryogenic equipment

    Chart Industries

    US

    Ranked #5 · 9.0 · Cryogenic equipment

    Why we picked it: Its cryogenic tanks and heat-transfer systems concentration links to engineered equipment demand.

    See in ranking ↓Visit chartindustries.com ↗

Pick 1 is the #1 company overall. Picks 2 and 3 are the highest-ranked companies in the top 5 that add a new segment.

Full ranking

Sort by
Top 10 companies in the fabricated metal products industry, 2026 – Gitnux ranking
#CompanyOverall ↓Company snapshot
1

Ball Corporation

Metal packaging · US

9.6
2

Silgan Holdings

Metal packaging · US

9.1
3

Crane

Valves and industrial components · US

9.1
4

Crown Holdings

Metal packaging · US

9.1
5

Chart Industries

Cryogenic equipment · US

9.0
6

Ardagh Metal Packaging

Metal beverage cans and ends · LU

8.8
7

Mueller Water Products

Water valves, hydrants and pipe products · US

8.8
8

SFS Group

Fastening systems and precision components · CH

8.8
9

AZZ

Hot-dip galvanizing and metal coatings · US

8.7
10

Arcosa

Utility structures and construction metal products · US

8.6

How we score

  • Impact (30%): scale and weight in the market (revenue, market share, employees, market position).

Popularity (brand search demand, 15%) counts toward Overall but is not published as a column. Overall leaves out what is not known.

Scale Scores are shown on a 7–10 scale with one decimal; bars start at 7.0.

Cadence Recalculated when new figures are published; next review December 10, 2026.

Independence. Rankings are editorially independent. Scores, ranks, picks and the verdict follow the method above; no company can pay to change them.

Cite this ranking

APA

Samuel Norberg. (2026, November 10). Top 10 companies in the fabricated metal products industry. In Fabricated Metal Products Industry Statistics. Gitnux. https://gitnux.org/fabricated-metal-products-industry-statistics/#top-companies

report visual · Projection

Gross domestic product of fabricated metal product manufacturing (NAICS 332) (United States)

Gross domestic product of fabricated metal product manufacturing (NAICS 332) grew from $148.3B in 2020 to $199.2B in 2025.

$148.3B
Start
+6.08%
CAGR · 5y
$199.2B
Projected
20202025
source-verifiedfred.stlouisfed.org2025

04 Statistics

Technology & Innovation

Technology adoption is uneven but measurable: 32% of U.S. industrial-products respondents reported operations-technology investments met expectations in 2024.

Digital Transformation in the industrial manufacturing sector (sector benchmark)

  • 32% of U.S. industrial-products respondents said their operations-technology investments had delivered expected results in 2024.[1]
  • 34% of industrial-manufacturing organizations across 26 countries had achieved return on investment from multiple AI use cases in 2024.[2]
  • 76% of industrial-manufacturing firms across 26 countries reported that their workforce had an appetite to embrace cutting-edge technology in 2024.[2]
  • 24% of companies across the European Industrial Ecosystem had a concrete digital-transformation strategy in 2024.[3]

Technology Adoption in the industrial manufacturing sector (sector benchmark)

  • 30% of industrial-manufacturing organizations were proactive in advancing edge-computing strategies in 2024.[4]
  • 37% of industrial-manufacturing organizations were proactive in advancing AI and automation strategies in 2024.[4]
  • 31% of industrial-manufacturing organizations were proactive in advancing modern-delivery technologies, including low-code and no-code, in 2024.[4]
  • 35% of industrial-manufacturing organizations were proactive in advancing data-and-analytics strategies in 2024.[4]

Cloud Computing in the industrial manufacturing sector (sector benchmark)

  • 39% of industrial-manufacturing organizations were proactive in advancing XaaS technologies, including public and multicloud, in 2024.[4]
  • 87% of Australian manufacturing enterprises used cloud computing in 2022.[5]
  • 87% of Finnish manufacturing enterprises used cloud computing in 2023.[5]
  • 54% of EU manufacturing enterprises used paid cloud-computing services in 2025, up from approximately 45% in 2023.[6]

Big Data in the industrial manufacturing sector (sector benchmark)

  • 16.2% of businesses in the European Industrial Ecosystem used big-data technologies in 2024.[3]
  • 28% of manufacturing survey respondents were implementing big-data processing in 2024.[7]
  • 70% of manufacturers still collected data manually in 2024, according to a Manufacturing Leadership Council survey reported by the National Association of Manufacturers.[8]
  • 33% of manufacturers surveyed were performing prescriptive analytics in 2024, according to ABI Research’s survey of 461 manufacturing decision makers.[9]
  • 57% of manufacturers used some form of artificial intelligence to analyze collected manufacturing data in 2024.[10]
  • 44% of manufacturing leaders reported that the amount of data their organizations collected had at least doubled over the previous two years in 2024.[11]

IoT in the industrial manufacturing sector (sector benchmark)

  • 11.1% of businesses in the European Industrial Ecosystem used Internet of Things technologies in 2023.[3]
  • 35% of manufacturing companies in a Productivity Institute sample had adopted Internet of Things technology, with geography not specified by the source.[12]
  • 27.6% of businesses in the European Industrial Ecosystem used Internet of Things technologies in 2024.[3]
  • 81% of manufacturing leaders surveyed identified data and analytics for process improvement as an important technology use case, while IoT for predictive maintenance ranked among the leading use cases in 2024.[13]

Innovation in the fabricated metal products industry

  • $2,533 million was spent on worldwide R&D by U.S. fabricated metal products companies in 2018.[14]
  • $1,949 million was spent on worldwide R&D by U.S. fabricated metal products companies in 2012.[14]
  • $2,273 million was spent on worldwide R&D by U.S. fabricated metal products companies in 2016.[14]
  • $2,303 million was spent on worldwide R&D by U.S. fabricated metal products companies in 2013.[14]
  • 23.8% of U.S. fabricated metal products companies reported overall innovation in 2022.[14]
  • 9.1% of U.S. fabricated metal products companies reported product innovation in 2022.[14]

05 Statistics

Data & Analytics

Data readiness constrains automation outcomes, with 51% of manufacturers reporting siloed data across tools and systems in 2025.

Business intelligence in the fabricated metal products industry

  • 12% of fabricated-metals businesses invested in data analytics to identify real-time shifts in 2022.[15]
  • 41% of fabricated-metals businesses invested in Internet of Things technology in 2022.[15]
  • 18% of fabricated-metals businesses pursuing digitalization aimed to improve external collaboration in 2022.[15]
  • 59% of fabricated-metals businesses pursuing digitalization aimed to improve operational efficiency in 2022.[15]
  • 47% of fabricated-metals businesses experienced internal-operations disruptions in 2022.[15]
  • 18% of fabricated-metals businesses had systems supporting product design and order configuration in 2022.[15]

Data Quality in the industrial manufacturing sector (sector benchmark)

  • 51% of manufacturers surveyed said their data was siloed across disparate tools and systems in 2025.[16]
  • 44% of manufacturers surveyed reported that AI projects had failed because of poor data quality in 2025.[16]
  • 61% of manufacturing leaders agreed that poor data quality limited adoption and optimization of emerging technologies in 2025.[17]
  • 54% of manufacturers surveyed had duplicate data in several systems in 2025.[16]
  • 41% of manufacturers surveyed distrusted the data used for supply-chain operations in 2025.[16]
  • 30% of manufacturers identified poor data quality as a technical barrier to improving processes in 2025.[17]

Data Governance in the industrial manufacturing sector (sector benchmark)

  • 22% of manufacturers surveyed included data collection, management or analysis in executive incentives, KPIs or business imperatives in 2024.[10]
  • 15% of manufacturers surveyed said their data strategy was entirely aligned with their overall business strategy in 2024.[10]
  • 58% of manufacturers surveyed assigned primary data-governance responsibility to a C-suite or senior leader in 2024.[10]
  • 61% of manufacturers surveyed had a corporate-wide governance plan, strategy or formal data-management guidelines in 2024.[10]

KPIs in the fabricated metal products industry

  • The U.S. Northeast fabricated-metal-product industry generated $72.3 billion in sales, shipments, or revenue in 2024.[18]
  • The U.S. South fabricated-metal-product industry generated $151.7 billion in sales, shipments, or revenue in 2024.[18]
  • 60,967 private fabricated-metal-product establishments operated in the United States in the second quarter of 2025.[19]
  • 61,174 private fabricated-metal-product establishments operated in the United States in the fourth quarter of 2025.[19]
  • U.S. fabricated-metal-product output declined 1.4% in 2025.[19]
  • 61,140 private fabricated-metal-product establishments operated in the United States in the third quarter of 2025.[19]

06 Statistics

Strategy & Growth

Growth drivers align with infrastructure and reshoring themes, while segmentation shows machining at 41.09% of the market in 2025.

Growth in the fabricated metal products industry

  • $417,899.583 million was the 2024 U.S. sectoral output of fabricated metal product manufacturing.[20]
  • $346.4 billion was the 2020 U.S. value of shipments for fabricated metal products.[21]
  • $426,040.032 million was the 2023 U.S. sectoral output of fabricated metal product manufacturing.[20]
  • 330,601 million dollars was the 2024 U.S. value of fabricated-metal-product shipments.[21]
  • $393.3 billion was the 2021 U.S. value of shipments for fabricated metal products.[21]
  • $368,577.360 million was the 2021 U.S. sectoral output of fabricated metal product manufacturing.[20]

Differentiation in the fabricated metal products industry

  • 6.62% was the projected 2026–2031 CAGR for additive manufacturing and stamping in the global fabricated-metal-products market.[22]
  • 70.5% of U.S. fabricated-metal-product companies reported no new or significantly improved process during 2014–2016.[14]
  • 24.1% of U.S. fabricated-metal-product companies introduced new or significantly improved manufacturing or production methods during 2014–2016.[14]
  • 75.9% of U.S. fabricated-metal-product companies reported no new or significantly improved manufacturing or production method during 2014–2016.[14]
  • 20.9% of U.S. fabricated-metal-product companies introduced new or significantly improved logistics, delivery, or distribution methods during 2014–2016.[14]
  • 18,303 employees worked for TRUMPF in 2024/25, supporting its differentiation through sheet-metal fabrication machinery, laser technology, and semiconductor solutions.[23]

Mergers and acquisitions in the fabricated metal products industry

  • $6.4 million was the initial purchase price for the 2025 acquisition of Cold Rolled Steel LLC.[24]
  • $140.5 million was the cash consideration paid by Mayville Engineering Company for Accu-Fab in 2025.[24]
  • October 2023 was the month in which Mutares acquired Walor International, a metal-fabrication business.[25]
  • $108.6 million was the cash consideration reported for the acquisition of LSI by a building-products company in fiscal 2026.[24]
  • 18 facilities across nine U.S. states were operated by Foley Products Company when Commercial Metals Company acquired it in 2025.[24]
  • December 15, 2025 was the completion date for Commercial Metals Company’s acquisition of Foley Products Company.[24]

Strategic partnerships in the fabricated metal products industry

  • Corrax was the tool-steel grade named in Xact Metal’s 2024 partnership with Uddeholm for additive manufacturing.[26]
  • Two partners—Xact Metal and Uddeholm—were involved in the 2024 agreement to supply Corrax tool steel powder for metal additive manufacturing.[26]
  • March 18, 2024 was the announcement date for Xact Metal’s partnership with Uddeholm.[26]
  • October 25, 2024 was the announcement date for Lantek’s strategic partnership with FA Service in Japan.[27]
  • January 31, 2024 was the announcement date for Lantek’s strategic partnership with TECHNOLOGY Italiana.[27]
  • July 2023 was the month in which Mansfield Engineered Components entered a strategic partnership with the Sabaf Group.[28]

07 Statistics

People & Workforce

Employment is recovering but constrained by skills, with about 1.46 million people employed in August 2026 and labor productivity down 3.3% in 2025.

Hiring in the fabricated metal products industry

  • 26,990 cutting, punching, and press machine setters, operators, and tenders worked in those U.S. fabricated metal subsectors in May 2024.[19]
  • 23,990 first-line supervisors of production and operating workers worked in U.S. fabricated metal subsectors 3323 and 3324 in May 2024.[19]
  • 24,250 cutting, punching, and press machine setters, operators, and tenders worked in U.S. fabricated metal subsectors 3323 and 3324 in May 2024.[19]
  • 51,860 miscellaneous assemblers and fabricators worked in U.S. fabricated metal product manufacturing subsectors 3321, 3322, 3325, 3326, and 3329 in May 2024.[19]
  • 1,468.6 thousand people were employed in U.S. fabricated metal product manufacturing in September 2026.[19]

Employee retention in the fabricated metal products industry

  • 4,200 people are projected to work in Rhode Island fabricated metal product manufacturing in 2032.[29]
  • 16.5% of Rhode Island fabricated metal product manufacturing employers were midsized employers in 2023.[29]
  • Fabricated metal product manufacturing employment fell by 14,400 jobs in the United States during 2024.[19]
  • 4,298 people worked in Rhode Island fabricated metal product manufacturing in 2022.[29]
  • Fabricated metal product manufacturing employment increased by 500 jobs in the United States during 2023.[19]

Remote Work in the industrial manufacturing sector (sector benchmark)

  • Across U.S. manufacturing, 35.2% of surveyed workers reported remote work in the Chicago Fed Survey of Economic Conditions from July 2021 through March 2024.[30]
  • Across U.S. manufacturing, 36.9% of workers could work at home and 33.3% actually did so during 2024–2025.[19]
  • Across U.S. manufacturing, teleworked hours represented 12.2% of total hours worked in 2025.[19]
  • Across U.S. manufacturing, 19% of workers worked remotely, including hybrid and fully remote arrangements, during October 2023–September 2024.[31]

Hybrid Work in the industrial manufacturing sector (sector benchmark)

  • Across manufacturing companies, the average required office attendance reached 2.82 days per week in the second quarter of 2025.[32]
  • Across manufacturing employers, 80% said their organizations were still struggling to balance hybrid working in 2025.[33]
  • Across manufacturing employees, 80% believed office mandates reflected a lack of trust that employees would be productive at home in 2025.[33]
  • Across manufacturing companies, 79% operated a hybrid model for non-production employees in 2025.[32]
  • Across manufacturing companies, 17% were fully back in the office for non-production employees in 2025.[32]

Upskilling in the fabricated metal products industry

  • 1 year of on-the-job training is typical for U.S. metal and plastic machine workers, many of whom work in fabricated metal manufacturing.[19]
  • 160 hours were required for a Massachusetts sheet-metal fabrication and welding training program launched in 2021.[34]
  • 10 hours of OSHA safety training were included in the Massachusetts sheet-metal fabrication program launched in 2021.[34]
  • 25% of metal and plastic machine workers were employed in U.S. fabricated metal product manufacturing in 2024.[19]
  • 4 weeks of hard-skills training were offered to Minnesota women entering finishing-trades work involving metal fabrication in 2026.[35]

Employee Engagement in the industrial manufacturing sector (sector benchmark)

  • Across manufacturing companies, 41% identified employee recognition as a high priority in 2024.[36]
  • Across manufacturing companies, 25% of respondents did not know whether their frontline workforce was engaged in 2023.[1]
  • Across manufacturing, distribution and storage organizations, 84.2% of employees said they cared about their organization’s future in 2026.[37]
  • Across manufacturing companies, 48% of respondents said most frontline workers were engaged in their jobs in 2023.[1]
  • Across manufacturing, distribution and storage organizations, the average employee-engagement score was 72.9% in 2026.[37]

DEI in the fabricated metal products industry

  • 27 mentors responded to the evaluation survey for the 2026 sheet-metal mentorship training pilot.[38]

08 Statistics

Customer & Sales

Demand is business-customer driven and retention-linked, with survey-reported on-time delivery averaging 87% among surveyed metal fabricators in 2019.

Customer experience in the fabricated metal products industry

  • 72% of Miller Fabrication Solutions’ OEM customers rated the company extremely or very responsive, United States, 2020.[39]
  • 42.5% of fabricated-metals industry respondents were very satisfied with their suppliers in a manufacturing satisfaction survey, United States, 2006.[40]
  • 4.4 out of 5 was the average customer rating for Miller Fabrication Solutions’ metal-fabricated parts and assemblies, United States, 2020.[39]
  • 0.64% of sales represented average customer returns among surveyed metal fabricators, United States, 2018.[41]
  • 87% was the five-year average on-time-delivery rate reported by surveyed metal fabricators, United States, 2019.[41]

Customer retention in the fabricated metal products industry

  • More than 50% of a typical custom fabricator’s revenue came from about seven large-dollar customers, according to a 2019 industry benchmarking survey, United States, 2019.[42]
  • Almost 50% was the decline in surveyed metal fabricators’ average customer returns as a percentage of sales from 2012 to 2018, United States.[41]
  • More than 25 years was the customer relationship length reported for Vitex and NSA Industries before their consolidation, United States, 2020.[42]

Customer acquisition in the fabricated metal products industry

  • 21% of Wisconsin manufacturers cited websites or online channels as their primary source of new customer acquisition, United States, 2024.[30]
  • 43% of Wisconsin manufacturers cited referrals or word of mouth as their primary source of new customer acquisition, United States, 2024.[30]
  • 57% of Wisconsin manufacturers identified finding new customers and markets as a key future-growth driver, United States, 2024.[30]
  • 6% of typical custom fabricators’ revenue came from new customers in a 2019 benchmarking survey, United States, 2019.[42]
  • 14% of Wisconsin manufacturers cited industry events or trade shows as their primary source of new customer acquisition, United States, 2024.[30]

Customer loyalty in the fabricated metal products industry

  • 3 consecutive years marked Miller Fabrication Solutions’ inclusion in The FABRICATOR’s FAB 40 list by 2020, United States.[39]
  • 3 customer descriptors—responsive, high quality and collaborative—were the most frequently used words for Miller Fabrication Solutions in its 2020 customer survey, United States.[39]
  • 14% higher was Miller Fabrication Solutions’ customer rating for part and assembly quality in 2020 than in 2019, United States.[39]

09 Statistics

Marketing & Brand

Marketing in the fabricated metal products industry

  • 91.3% of U.S. fabricated metal products companies did not introduce new or improved marketing methods during 2016–2018.[14]
  • 8.7% of 48,472 U.S. fabricated metal products companies introduced new or improved marketing methods during 2016–2018.[14]
  • 4,195 U.S. fabricated metal products companies introduced new or improved marketing methods during 2016–2018.[14]

Digital marketing in the fabricated metal products industry

  • 28% of metals and fabrication companies showed Google advertising activity in a 2026 U.S. website audit.[43]
  • 32% of metals and fabrication companies ranked for fewer than 100 search keywords in a 2026 U.S. website audit.[43]
  • 212 was the median number of organic search keywords for metals and fabrication companies in a 2026 U.S. study.[43]
  • 73% of metals and fabrication companies fired tracking tags before consent in a 2026 U.S. website audit.[43]
  • 35% of metals and fabrication companies showed any paid-media activity in a 2026 U.S. website audit.[43]

Branding in the fabricated metal products industry

  • 68% of metals and fabrication companies ranked for at least 100 search keywords in a 2026 U.S. study of online brand visibility.[43]
  • 32% of metals and fabrication companies were nearly invisible in search, ranking for fewer than 100 keywords, in a 2026 U.S. study.[43]
  • 212 was the median organic keyword footprint for metals and fabrication companies, indicating limited online brand discoverability, in a 2026 U.S. study.[43]
  • 633 was the median monthly organic traffic for metals and fabrication companies in a 2026 U.S. study of brand visibility.[43]

Social media in the fabricated metal products industry

  • 13.4% of U.S. metal fabricator businesses maintained an Instagram presence as of August 2026.[44]
  • 26.4% of U.S. metal fabricator businesses maintained a Facebook business presence as of August 2026.[44]
  • 6.5% of U.S. metal fabricator businesses maintained a YouTube channel as of August 2026.[44]
  • 19.8% of U.S. metal fabricator businesses maintained a LinkedIn presence as of August 2026.[44]
  • 9.4% of U.S. metal fabricator businesses maintained an X presence as of August 2026.[44]

Influencer Marketing in the industrial manufacturing sector (sector benchmark)

  • Across B2B companies, 28% ranked thought leaders or industry analysts as the most effective influencer type in 2025; global survey scope.[45]
  • Across B2B companies, 43% of marketers planned to increase influencer investment in the following year in 2025; global survey scope.[45]
  • Across B2B companies, 29% of marketers planned to adopt influencer marketing within the following year in 2025; global survey scope.[45]
  • Among manufacturing marketers using paid channels, 19% used influencer marketing in the 12 months covered by the 2025 outlook survey; global manufacturing, survey conducted June–August 2024.[46]
  • Across B2B companies, 76% of marketing leaders said creator collaboration helps build brand authenticity in 2025; global survey scope.[45]

10 Statistics

Operations & Execution

Operations automation plans track labor and lead-time pressure, with 56% of fabricated metal manufacturers reporting lead times stayed longer than usual in the cited research period.

Process optimization in the fabricated metal products industry

  • 18% of manufacturing organizations updated production-floor software yearly in 2019.[47]
  • 59% of surveyed manufacturing organizations had a standardized process for implementing new production-floor technology in 2019.[47]
  • 70% of manufacturing organizations with more than $5 million in annual revenue had a standardized process for implementing production-floor technology in 2019.[47]
  • 48% of fabricated metal manufacturers automatically calculated bills of materials in 2022, according to Aptean’s industry research.[48]
  • 26% of industrial metal-cutting organizations reported that machine setup time was trending downward year over year in the survey period.[49]

Operational efficiency in the fabricated metal products industry

  • Labor productivity in U.S. fabricated metal product manufacturing fell 3.3% in 2025.[19]
  • Unit labor costs in U.S. fabricated metal product manufacturing increased 4.4% in 2025.[19]
  • 47% of industrial metal-cutting organizations said machine uptime exceeded 75% mostly in the survey period.[49]
  • 26% of industrial metal-cutting organizations said machine uptime exceeded 75% always in the survey period.[49]
  • Labor productivity in U.S. fabricated metal product manufacturing was indexed at 101.136 in 2022, using 2017 as the base year.[20]

Quality management in the fabricated metal products industry

  • 22% of U.S. manufacturers identified inefficient or outdated technology as a quality-management challenge in 2025.[50]
  • 15% of U.S. manufacturers identified maintaining compliance as a quality-management challenge in 2025.[50]
  • 34% of industrial metal-cutting organizations always used customer feedback to improve satisfaction in the survey period.[49]
  • 17% of industrial metal-cutting organizations mostly used customer feedback to improve satisfaction in the survey period.[49]
  • 1,875 U.S. ISO 9001 sector entries were classified as basic metal and fabricated metal products in 2025.[51]

Supply chain in the fabricated metal products industry

  • 64% of fabricated metal manufacturers planned to automate inventory management within the following 12 months in Aptean’s research period.[52]
  • 56% of fabricated metal manufacturers said lead times remained longer than usual in Aptean’s research period.[52]
  • 64% of fabricated metal manufacturers said supply-chain issues had caused them to extend customer deadlines in Aptean’s research period.[52]
  • 64% of fabricated metal manufacturers planned inventory-management automation within 12 months, according to Aptean’s research.[52]
  • 28% of fabricated metal manufacturers had automated supplier management in Aptean’s research period.[52]

Outsourcing / Offshoring in the industrial manufacturing sector (sector benchmark)

  • Across global manufacturing, 73% of executives in 2025 believed friendshoring would represent a significant share of future sourcing and production.[53]
  • Across global manufacturing, 56% of executives in 2025 said their organization had invested in nearshoring or a combination of reshoring and nearshoring.[53]
  • Across global manufacturing, 37% of facilities were offshore in 2024, compared with 41% onshore and 22% nearshore.[53]
  • Across global manufacturing, executives expected offshore facilities to decline to 28% within three years of 2025, while onshore facilities rise to 48%.[53]
  • Across EU enterprises engaged in international sourcing during 2021–2023, 37% operated in manufacturing, the largest sector share among sourcing enterprises.[6]

11 Statistics

Finance & Pricing

Pricing pressure shows up in input indexes and wage levels, with U.S. producer-price index for prefabricated metal buildings rising from 576.472 in January 2026 to 606.565 in September 2026.

Pricing strategy in the fabricated metal products industry

  • 576.472 was the U.S. producer-price index for prefabricated metal buildings in January 2026, according to the Bureau of Labor Statistics.[19]
  • 606.565 was the U.S. producer-price index for prefabricated metal buildings in September 2026, according to the Bureau of Labor Statistics.[19]
  • 418.262 was the U.S. producer-price index for fabricated structural metal products in September 2026, according to the Bureau of Labor Statistics.[19]
  • 340.211 was the U.S. producer-price index for sheet metal products in January 2026, according to the Bureau of Labor Statistics.[19]
  • 8.9% was the average reported increase in manufacturing selling prices among U.S. respondents whose prices were higher at the end of 2025, including fabricated metal products.[54]

Cost reduction in the fabricated metal products industry

  • 10.3% was the annual increase in unit labor costs for U.S. fabricated metal product manufacturing in 2023.[19]
  • 1.4% was the decline in output in U.S. fabricated metal product manufacturing in 2025.[19]
  • 3.3% was the decline in labor productivity, measured as output per hour, for U.S. fabricated metal product manufacturing in 2025.[19]
  • 1.9% was the increase in hours worked in U.S. fabricated metal product manufacturing in 2025.[19]
  • 9.6% was the annual increase in unit labor costs for U.S. fabricated metal product manufacturing in 2022.[19]

Profitability in the fabricated metal products industry

  • 4.1% was the profit margin for Canadian fabricated metal product and machinery manufacturing in the fourth year shown in Statistics Canada’s historical ratio series.[55]
  • 26.6% was the average profit margin reported for U.S. metal-product manufacturing businesses in the intermediate year of BizBuySell’s 2021–2025 series.[56]
  • 15.1% was the year-over-year increase in operating profit for Canadian fabricated metal product and machinery manufacturing in the latest year shown in Statistics Canada’s table.[55]
  • 10.4% was the gross operating rate for EU manufacturing in 2023; fabricated metal products were identified by Eurostat as one of the largest manufacturing divisions by employment.[6]
  • 4.0% was the gross margin reported for Matrix Service’s storage segment, a fabricated-metal-related business proxy, in the 2025 comparison compiled by Histometrics.[57]

Financial planning in the fabricated metal products industry

  • $34.19 was the average hourly earnings for all employees in U.S. fabricated metal product manufacturing in October 2026.[19]
  • 1,458.0 thousand employees was the 2024 employment base used by the Bureau of Labor Statistics for U.S. fabricated metal products in its productivity and cost release.[19]
  • 1.469 million employees were recorded in U.S. fabricated metal product manufacturing in October 2026.[19]
  • $75,000 was the mean annual wage for first-line production supervisors in U.S. fabricated metal product manufacturing in 2025.[19]
  • $29.08 was the average hourly earnings for production and nonsupervisory employees in U.S. fabricated metal product manufacturing in October 2026.[19]

12 Statistics

Product & Service

Post-sales performance metrics and R&D rates vary by geography, including 20% of OEM survey respondents reporting warranty costs decreased over the previous three years.

Product development in the fabricated metal products industry

  • 19.2% of Canadian fabricated metal product enterprises performed R&D in 2008, Canada.[55]
  • 30% of U.S. fabricated metal products companies reported product or process innovation during 2014–2016, United States.[14]
  • 18.6% of Canadian fabricated metal product enterprises performed R&D in 2007, Canada.[55]
  • 31.0% of Canadian fabricated metal firms with 250 or more employees conducted R&D internally outside Canada, Canada.[58]
  • 14.9% of Canadian fabricated metal firms with 250 or more employees outsourced R&D within Canada, Canada.[58]

Product lifecycle in the fabricated metal products industry

  • -10.6% was the EU annual production-growth rate for fabricated metal products in 2020, European Union.[6]
  • 100 was the EU sold-production index for fabricated metal products in 2021, with 2021 equal to 100.[6]
  • 92 was the EU sold-production index for fabricated metal products in 2015, with 2021 equal to 100.[6]
  • 5.0% was the EU annual production-growth rate for fabricated metal products in 2017, European Union.[6]
  • -3.8% was the EU annual production-growth rate for fabricated metal products in 2024, European Union.[6]

After-sales in the fabricated metal products industry

  • 20% of OEM survey respondents said warranty costs decreased over the previous three years.[59]
  • 51% of organizations offering post-sales service reported first-time fix rates of at least 92%, according to an OEM survey.[59]
  • 78% of small and midsize machinery producers reported that customer service expectations were increasing, in a survey relevant to fabricated-equipment manufacturers.[60]
  • 21% of OEM survey respondents said warranty costs increased over the previous three years.[59]
  • 42% of OEM survey respondents said warranty costs remained stable over the previous three years.[59]

Value proposition in the fabricated metal products industry

  • 30% of Cook County fabricated metal firms had fewer than five employees, United States.[61]
  • 10.0% was Croatia’s share of industrial value added from fabricated metal products in 2021, European Union.[6]
  • 9.5% was Estonia’s share of industrial value added from fabricated metal products in 2021, European Union.[6]
  • More than 50% of Cook County fabricated metal firms had fewer than ten employees, United States.[61]
  • 7.7% of EU industrial value added came from fabricated metal products in 2019, European Union.[6]

13 Statistics

Sustainability & Ethics

Environmental and safety indicators remain explicit in the dataset, including 47 workplace fatalities in 2024 and about 105 million metric tons of cradle-to-gate Scope 1–3 CO2e in 2018.

Sustainability in the fabricated metal products industry

  • Approximately 21 million metric tons of TRI metals were released by U.S. fabricated-metal facilities in 2015.[62]
  • Approximately 20 million metric tons of TRI metals were released by U.S. fabricated-metal facilities in 2010.[62]
  • Approximately 27 million metric tons of TRI metals were released by U.S. fabricated-metal facilities in 2007.[62]
  • Approximately 20 million metric tons of TRI metals were released by U.S. fabricated-metal facilities in 2009.[62]
  • Approximately 22.5 million metric tons of TRI metals were released by U.S. fabricated-metal facilities in 2014.[62]

ESG in the fabricated metal products industry

  • 2.0 cases involving days away, job transfer or restriction occurred per 100 full-time workers in U.S. fabricated metal products in 2022.[63]
  • 1.1 cases involving days away from work occurred per 100 full-time workers in U.S. fabricated metal products in 2022.[63]
  • 47 workplace fatalities were recorded in U.S. fabricated metal product manufacturing in 2024.[19]
  • 1.8 cases involving days away, job restriction or transfer occurred per 100 full-time workers in U.S. fabricated metal product manufacturing in 2024.[19]
  • 3.7 nonfatal injury and illness cases occurred per 100 full-time workers in U.S. fabricated metal products in 2022.[63]

Ethics in the fabricated metal products industry

  • 10 fabricated metal products firms were treated for social issues in the study’s industry dataset.[64]
  • 4 social violations were recorded for fabricated metal products firms in the study’s industry dataset.[64]
  • 1 environmental violation was recorded for fabricated metal products firms in the study’s industry dataset.[64]
  • 7 fabricated metal products firms were treated for environmental issues in the study’s industry dataset.[64]

Circular economy in the fabricated metal products industry

  • Approximately 30,000 pounds of nickel were recycled at Triumph Fabrications in 2013.[62]
  • Approximately 17,000 pounds of nickel were recycled at Triumph Fabrications in 2016.[62]
  • Approximately 34,000 pounds of nickel were recycled at Triumph Fabrications in 2014.[62]
  • Approximately 25,000 pounds of chromium were recycled at Triumph Fabrications in 2015.[62]
  • Approximately 23,000 pounds of nickel were recycled at Triumph Fabrications in 2015.[62]

Carbon footprint in the fabricated metal products industry

  • 16.2 million metric tons of CO2e were associated with electricity use in U.S. fabricated metal products in 2018.[65]
  • 105 million metric tons of cradle-to-gate Scope 1, Scope 2 and upstream Scope 3 CO2e emissions were associated with U.S. fabricated metal products in 2018.[65]
  • 0.5 million metric tons of biogenic-electricity CO2e were associated with U.S. fabricated metal products in 2018.[65]
  • 0.0967 kilograms of CO2e per kilogram of steel were attributed to structural-steel fabrication in the industry-average A3 stage.[66]
  • 3.7 million metric tons of CO2e were associated with paper products upstream of U.S. fabricated metal products in 2018.[65]

15 Statistics

Globalization & Expansion

Trade remains a competitive lever, including $27.644 billion in exports reported by U.S. fabricated metal product manufacturers in 2023.

Globalization in the fabricated metal products industry

  • $27.644 billion in exports were reported by U.S. fabricated metal product manufacturers in 2023.[21]
  • U.S. small and medium-sized fabricated metal product companies exported $11.341 billion in 2024.[21]
  • U.S. small and medium-sized fabricated metal product companies exported $11.497 billion in 2023.[21]
  • U.S. fabricated metal product exports by large companies grew 2.3% in 2024.[21]
  • The U.S. fabricated metal products sector recorded a $39.1 billion merchandise trade deficit in 2024.[74]

Supplier management in the fabricated metal products industry

  • 32% of metal fabricators experienced difficulties onboarding new suppliers in 2021.[48]
  • 36% of metal fabricators struggled with a lack of vetted alternative suppliers in 2021.[48]
  • 28% of fabricated metal manufacturers had automated their supply-chain operations in 2021.[48]
  • 56% of fabricated metal manufacturers planned to use more suppliers in 2022.[48]

Key questions about the fabricated metal products industry

What is the U.S. market size for fabricated metal product manufacturing?
The U.S. fabricated metal product manufacturing market recorded $463.4 billion in sales, value of shipments or revenue in 2024.
How fast is the North America market expected to grow for fabricated metal products?
North America is forecast to increase from $68.22 billion in 2025 to $90.60 billion in 2031, a 4.89% CAGR from 2026 to 2031.
Which companies lead the fabricated metal products industry?
Ball Corporation stands out for aluminum beverage and consumer packaging because it reported revenue growth of 11.6%, while Silgan Holdings focuses on metal containers and closures since it reported revenue growth of 10.2%.
Where are technology investments showing measurable outcomes in 2024?
In 2024, 32% of U.S. industrial-products respondents said operations-technology investments delivered expected results. For industrial-manufacturing organizations across 26 countries, 37% were proactive in advancing AI and automation strategies in 2024.
How concentrated is the market and what shapes competition?
The North American market is assessed as medium in concentration and remains fragmented across contract manufacturers, machine shops, structural-metal companies and specialized component producers.
How competitive is the industry based on import activity under NAICS 332?
U.S. identified imports under NAICS 332 reached $37.1 billion in 2024 across 5,080 identified importers.
Reference

Cite This Report

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APA
Samuel Norberg. (2026, November 10). Fabricated Metal Products Industry Statistics. Gitnux. https://gitnux.org/fabricated-metal-products-industry-statistics
MLA
Samuel Norberg. "Fabricated Metal Products Industry Statistics." Gitnux, 10 Nov 2026, https://gitnux.org/fabricated-metal-products-industry-statistics.
Chicago
Samuel Norberg. 2026. "Fabricated Metal Products Industry Statistics." Gitnux. https://gitnux.org/fabricated-metal-products-industry-statistics.

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